19 Dec 2017,
  • HSI:
    29,050.41 202.30 (0.70%)
    HSCI:
    11,415.13 49.21 (0.43%)
    HKSPLC25:
    37,844.13 324.97 (0.87%)
    HKSPGEM:
    257.24 -0.66 (-0.26%)
  • HSCEI:
    11,415.13 49.21 (0.43%)
    HSCCI:
    4,239.23 0.25 (0.01%)
    HSFML25:
    10,162.90 49.87 (0.49%)
    H-FIN:
    18,329.42 57.85 (0.32%)
  • Hang Seng Index
  • 29,050.41

  • 202.30 (0.70%)
HSCI 11,415.1 49.2
HKSPLC25 37,844.1 325.0
HKSPGEM 257.2 -0.7
HSCEI 11,415.1 49.2
HSCCI 4,239.2 0.3
HSFML25 10,162.9 49.9
H-FIN 18,329.4 57.9
Stay Connected With EQS TodayIR

Up Energy Development Group Limited (00307.HK)

Coal

INTRADAY CHART

more

FINANCIAL REPORTSmore

2015 (IR)
2015 (AR)
2014 (IR)

PRESENTATIONSmore

  • Up Energy Cor ...
    2015
  • Up Energy Cor ...
    2015
  • Up Energy Cor ...
    2014
Up Energy has been actively engaged in the development of coal business since 2003 and became a Hong Kong listed company on 18 January 2011, turning a new page for the company’s development. The various coal mines, plants and ancillary facilities of Up Energy in Wuchang region of northern Xinjiang are under construction and expected to be completed and to commence production in succession in 2012. The Group will then be one of the largest integrated energy groups with circulative economy business model in the coking industry in northwestern China region in terms of planned production capacity.

The rapid economic growth of China generates a strong demand for coal. The PRC government has announced its “12th Five-Year Plan” and intended to invest more than RMB2 trillion in fixed assets in Xinjiang to accelerate the region’s economic development and to spend more than RMB310 billion in the next decade to expand Xinjiang’s railway network. The demand for steel, coking coal and coke is expected to increase significantly, which is favourable to the development of coal business of Up Energy.

Looking forward, Up Energy will stick to its philosophy of “increased value in circulation” and develop upstream and downstream coking coal-related projects of circulative business in an active and steady manner. Up Energy will also invest in development of chemical by-products produced during the making of coking coal to enhance its profitability......
+ More Company Profile

Mr. Qin Jun - Chairman and Chief Executive Officer

Mr. Qin Jun, aged 45, is the Chairman and Executive Director of the Company. He is one of the founders of Up Energy Investment (China) Ltd. (“UE China”) UE China became a subsidiary of the Group on 18 January 2011. He has over 20 years of experience in domestic or international business management and is primarily responsible for the overall strategic planning and management of UE China. Since 2003, Mr. Qin has focused on coking coal exploration and mining opportunities in Xinjiang. Mr. Qin has established a high-quality management team since he founded UE China. He also led the team to identify and acquire gradually UE China’s three mines in 2003 and has formulated the overall strategy for the development of UE China. Mr. Qin Jun is the son-in-law of Mr. Wang Mingquan who is the substantial shareholder of the Company.

Mr. Qin graduated from Hefei University of Technology with a bachelor’s degree in industrial management (industry accounting) in 1990. From 1999 to 2001, he served as vice president of BOE Technology Group Co., Ltd., which is engaged in research, manufacturing and sales of thin film transistor liquid crystal display (TFT-LCD) products and related business solution services to customers. From 1993 to 1999, he was the chairman and the chief executive officer of Shenzhen Sinor Solar Industry Co., Ltd., which is engaged in the manufacturing and trading of electronic products. He was also a member of the Economic and Planning Department in the Ministry of Machinery and Electronics of the PRC from 1990 to 1993. Mr. Qin obtained a Safety Certificate issued by the Bureau of Xinjiang Coal Mine Safety Supervision in 2009. Mr. Qin has 9 years of relevant experience in coal mining and exploration activities and management of coal mining companies.

Mr. Wang Chuan - Executive Director

Mr. Wang Chuan, aged 41, was appointed as the Chief Operating Officer and a Director of Up Energy (Xinjiang) Minerals Co., Ltd. (優派能源(新疆)礦業有限公司) in 2005. He participated in setting up Up Energy (Xinjiang) Minerals Co., Ltd. in 2005 and is responsible for its overall operations and execution of the board's decisions. Mr. Wang graduated from Anhui University of Technology (School of Mechanical and Electrical Engineering) (安徽工業大學(機電學院)), majoring in Industrial Electric Automation. He is a licensed engineer. Mr. Wang worked as the Deputy General Manager of Beijing Jindafeng Science and Trade Co., Ltd. (北京金達峰科貿有限公司) from 1996 to 1999 and acted as the General Manager of Beijing Zhida Venture Investment Co., Ltd. (北京致達創業投資有限公司) from 1999 to 2005. He has eight years of relevant experience in coal mining business.

Mr. Chau Shing Yim, David -

Mr. Chau Shing Yim, David, aged 49, he has over 20 years’ experience in corporate finance.  He was formerly a partner of one of the big four accounting firms in Hong Kong, heading the Merger and Acquisition and Corporate Advisory Services. He is a member of the Hong Kong Securities Institute, the Institute of Chartered Accountants of England and Wales (“ICAEW”) with the Corporate Finance Qualification granted by ICAEW, and the Hong Kong Institute of Certified Public Accountants (“HKICPA”).  Mr. Chau was an ex-committee member of the Disciplinary Panel of HKICPA.

He is an executive director of Zhidao International (Holdings) Limited (stock Code: 1220) and an independent non-executive director of Shandong Molong Petroleum Machinery Company Limited (stock code: 568), Varitronix International Limited (stock Code: 710), Lee & Man Paper Manufacturing Limited (stock Code: 2314), Evergrande Real Estate Group Limited (stock Code: 3333) and Man Wah Holdings Limited (stock code:1999), all of which are listed on the Main Board of The Stock Exchange of Hong Kong Limited.
 

Mr. Li Bao Guo -

Mr. Li Bao Guo, aged 59, is an Independent Non-Executive Director of the Company. He has over 40 years’ experience in the coal-mining industry, specialized in coal mine construction and safety issues. Mr. Li is currently a vice president of the Xinjiang Guanghui Industry Investment Group Co., Ltd. During the period from 1997 to 2010, Mr. Li was the deputy director of Xinjiang Uygur Antonomous Region Coal Geology Bureau. Prior to that, he served as the deputy manager of Xinjiang Coal Construction Engineering Company for 5 years. During the period from 1989 to 1992, Mr. Li was the vice president and vice commander of Beiquan Mine of Xinjiang Hami Coal Bureau. During the period from 1977 to 1989, he was the chief engineer of No. 1 Mine of Xinjiang Hami Coal Bureau. He graduated from Xi’an Mining Institute (renamed to Xi’an University of Science and Technology) with the professional qualification in Coal Geology in 1977. During the period from 1970 to 1974, he worked at the open pit of Xinjiang Hami Coal Bureau. Mr. Li is a professorate senior engineer, an expert in Antonomous Region Safety Production, a registered safety engineer and a registered architect in coal industry.

Mr. Lien Jown Jing, Vincent -

Mr. Lien Jown Jing, Vincent, aged 52, is an Independent Non-Executive Director of the Company. He is currently a director of Wah Hin & Company, a Singapore incorporated private investment holding company, an independent non-executive director of Focus Media Network Limited (Stock Code: 8112) ( a company listed on The Growth Enterprise Market of The Stock Exchange of Hong Kong Limited), a director of The Maritime and Port Authority of Singapore and a non-executive director of Primeline Energy Holdings Inc. ( a company listed in Canada). He has over 26 years of experience in the banking industry, specialized in corporate finance and capital management. Mr. Lien graduated from the University of New Brunswick with a Bachelor Degree in business administration. Mr. Lien started his career in the financial industry first in Merrill Lynch & Company. In the past years, Mr. Lien had been working in senior positions in prestige financial institutions such as Swiss Bank Corporation and Bankers Trust & Company. In year 2000, he became the Director of Wah Hin & Company, managing the financial assets of the group. He also served as the Managing Director in the Financial Institutions & Public Sector division of ABN AMRO Bank from 2007 to 2008. Prior joining our Group, Mr. Lien was the Non-Executive Chairman of eSUN Holdings Limited, a company listed on The Stock Exchange of Hong Kong Limited, from 2007 until May 2010.
 

Dr. Shen Shiao-Ming -

Dr. Shen Shiao-Ming, aged 63, is an Independent Non-Executive Director of the Company. Dr. Shen has over 30 years legal and business experience with particular emphasis on business investment and the energy industry. Dr. Shen is currently an international legal consultant with the law firm of Mackenzie & Albritton in San Francisco, California and has previously worked for several other U.S. law firms, including Graham and James in San Francisco, and Kaye, Scholer, Fierman, Hays & Handle in New York. Dr. Shen’s work involved multinational corporations in joint venture projects, energy projects and other international business transactions.

Dr. Shen has taught courses and lectured at Universities in Virginia, California, Texas and New York. Since 1998, Dr. Shen has also been a visiting professor of law at Southern Methodist University. Dr. Shen received a Master of Comparative Law Degree from Southern Methodist University School of Law, a Master of Laws Degree from Harvard Law School, and a Doctor of Juridical Science Degree from Boalt Hall School of Law at the University of California at Berkeley.

Mr. Wang Chuan (王川) - Executive Director

Mr. Wang Chuan, aged 41, was appointed as the Chief Operating Officer and a Director of Up Energy (Xinjiang) Minerals Co., Ltd. (優派能源(新疆)礦業有限公司) in 2005. He participated in setting up Up Energy (Xinjiang) Minerals Co., Ltd. in 2005 and is responsible for its overall operations and execution of the board's decisions. Mr. Wang graduated from Anhui University of Technology (School of Mechanical and Electrical Engineering) (安徽工業大學(機電學院)), majoring in Industrial Electric Automation. He is a licensed engineer. Mr. Wang worked as the Deputy General Manager of Beijing Jindafeng Science and Trade Co., Ltd. (北京金達峰科貿有限公司) from 1996 to 1999 and acted as the General Manager of Beijing Zhida Venture Investment Co., Ltd. (北京致達創業投資有限公司) from 1999 to 2005. He has eight years of relevant experience in coal mining business.

+ More Board of Directors

UPCOMING EVENT

S M T W T F S
          1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31            

COMPANY INFORMATION

Listed Date 02 Dec 1992

Address Room 3201, 32/F.,
Tower 1, Admiralty Centre,
18 Harcourt Road,
Admiralty, Hong Kong

Telephone (852) 2972 9900

Facsimile (852) 2527 8522

Email info@upenergy.com

No. of Click Rate

187909